NRF Sends New White Paper to Senate Commerce Committee
WASHINGTON, 2015-3-17 — /EPR Retail News/ — The National Retail Federation today called on the Senate to reject legislation that would impose data security rules designed for the banking industry on retailers and other nonbank businesses, citing a new white paper by two former Federal Trade Commission…
ALEXANDRIA, VA, 2015-3-17 — /EPR Retail News/ — NACS has published a new primer defining 10 key areas of the convenience store business. “How Convenience Stores Operate and Their Contributions to Communities” provides a starting point for retailers who seek to define their businesses before communities groups and addresses issues including jobs, property values, overnight hours, traffic…
London, 2015-3-17 — /EPR Retail News/ — Sir Philip Green announces that BHS Group Ltd has been acquired by Retail Acquisitions Ltd with control passing today.
Sir Philip says: “I am pleased that we have found a buyer in Retail Acquisitions Ltd who wants to develop the BHS brand. Having acquired the business nearly 15 years ago in…
Store opens March 18 at Hughes Landing
HOUSTON, 2015-3-17 — /EPR Retail News/ — The first Whole Foods Market store in The Woodlands will open Wednesday, March 18, following a 7:30 a.m. bread-breaking ceremony with remarks from company and local officials.
During the ceremony, Jerry Brown, the store’s team leader, and Nona Evans, Whole Kids Foundation, will…
Company to Give $5,000 to 20 North, South Carolina Schools
MATTHEWS, NC, 2015-3-17 — /EPR Retail News/ — Today, Harris Teeter announced it will donate $100,000, in increments of $5,000, to 20 local elementary, middle and high schools in an effort to encourage active lifestyles among students.
Through this partnership, the company worked each school’s administration teams to…
Washington State Beef Commission, Double R Ranch and Food Lifeline join with Haggen to provide nourishing beef meals to neighbors in need
Bellingham, Wash., 2015-3-16 — /EPR Retail News/ — For the fourth consecutive year, Haggen has partnered with Food Lifeline and AgriBeef, Co. to support the Washington Beef Commission’s Beef Counts campaign, a joint effort to provide nutritious…
LONDON, 2015-3-16 — /EPR Retail News/ — Commenting on today's announcement that the Government will examine the structure of the current business rates system Helen Dickinson, British Retail Consortium Director General, said:
"We very much welcome this further announcement of a complete review of the business rates system. This is, after all, a system that acts…
Zaandam, the Netherlands, 2015-3-16 — /EPR Retail News/ — Ahold has repurchased 753,700 Ahold common shares in the period from March 9, 2015 up to and including March 13, 2015.
The shares were repurchased at an average price of €18.0311 per share for a total consideration of €13.59 million. These repurchases were made as part of the…
The H&M Group’s sales including VAT increased by 15 percent in local currencies in February 2015 compared to the same month the previous year.
STOCKHOLM, SWEDEN, 2015-3-16 — /EPR Retail News/ — In the first quarter, i.e. 1 December 2014 to 28 February 2015, sales increased by 15 percent including VAT in local currencies compared to the…
H&M’s new Conscious Exclusive collection shows what can be done with more sustainable materials, using fabrics such as hemp, organic linen and organic leather to create pieces of great individual style. The collection, worn exclusively by actress and humanitarian Olivia Wilde in the campaign, will be available in around 200 H&M stores worldwide on April…
Malinda Boothe Joins Wholesaler to Evolve Food Safety
Salt Lake City, UT, 2015-3-16 — /EPR Retail News/ — Associated Food Stores is taking major strides in the food safety movement. The grocery wholesaler, headquartered in Salt Lake, recently hired Malinda Boothe CP-FS, to fill the position of Director of Food Safety. Boothe will be responsible for developing and…
PARIS, 2015-3-16 — /EPR Retail News/ — Klépierre signed an agreement to acquire 100% of Plenilunio from an entity 100% indirectly owned by the Orion European Real Estate Fund III C.V., a real estate fund sponsored by Orion Capital Managers. Pleniliunio is a leading 70 000 sq.m. shopping center located in Madrid. With a large…
It began with one voice
SEATTLE, 2015-3-16 — /EPR Retail News/ — As racially-charged tragedies unfolded in communities across the country, the chairman and ceo of Starbucks didn’t remain a silent bystander. Howard Schultz voiced his concerns with partners (employees) in the company’s Seattle headquarters and started a discussion about race in America.
Despite raw emotion around…
Boulogne-Billancourt, France, 2015-3-16 — /EPR Retail News/ — For 2015 – a year all about climate – Carrefour is joining forces with the Nicolas Hulot Foundation as part of its "My Positive Impact" campaign, supporting innovative solutions developed by SMEs, local authorities and associations for tackling climate change.
Carrefour is actively contributing to the fight against climate…
Wellington, New Zealand, 2015-3-13 — /EPR Retail News/ — The news yesterday about the threat to infant formula is very concerning and we know we have an important role to play in keeping customer confidence in the security of the products we sell.
Across our Foodstuffs stores of New World, PAK'nSAVE and Four Square we are…
Foodstuffs ensures Kiwi families can have confidence in the infant formula purchased from our stores
Wellington, New Zealand, 2015-3-13 — /EPR Retail News/ — Foodstuffs is committed to ensuring Kiwi families can have confidence in the infant formula purchased from our stores. While the Police assess the risk of the contamination threat being carried out as low we are still taking the threat very seriously and are putting in place…
HONG KONG, 2015-3-13 — /EPR Retail News/ — Dairy Farm International Holdings Limited announced on 11th August 2014 that its wholly-owned subsidiary, The Dairy Farm Company, Limited, had entered into a conditional agreement to acquire a 19.99% interest in Shanghai-listed Yonghui Superstores Co., Ltd for a consideration of RMB5.69 billion (currently approximately US$908 million). The…
Pasay City, Philippines, 2015-3-13 — /EPR Retail News/ — From SM’s first ShoeMart store in Carriedo, Manila, SM Retail Inc. has grown its department store business, now known as The SM Store, to 50 branches nationwide, making it a market leader in the Philippines with strong brand loyalty that has built and nurtured memories across generations.
“The SM…
SIAM SQUARE, Thailand, 2015-3-13 — /EPR Retail News/ — Watsons, as the number one health and beauty retailer in Thailand, celebrates the grand opening of its 333rd branch to mark a new milestone of the brand. The new flagship store at Siam Square, the renowned shopping landmark in Bangkok, enjoys a spacious sales floor area…
HONG KONG, 2015-3-13 — /EPR Retail News/ — Watsons Taiwan recently stood out amongst over 2,000 online store operators in the keen competition and took the Yahoo! Supermall’s top honor – “Super Golden Store Award” for the third year in a row, in recognition of its innovative brand strategy and diversified services.
Back in 2011, Watsons…
WEST CHESTER, Pa., 2015-3-13 — /EPR Retail News/ — Television personality and fashion expert Jill Martin will add her stylish flair to QVC’sG.I.L.I. got it love it® collection through her new role as creative director of the line. The sophisticated yet wearable collection includes chic, contemporary fashion and accessories that have a timeless appeal. Martin is scheduled…
FORT LEE, Va., 2015-3-13 — /EPR Retail News/ — Most of us can appreciate saving a little cash on groceries. Whether single or a family of eight, every dollar helps.
"When service members show their military ID to shop in their commissary it's their ticket to savings on groceries and household items," said Gary Frankovich, chief of strategic…
Virginia Beach, VA, 2015-3-13 — /EPR Retail News/ — Harris Teeter is proud to welcome shoppers to its Sandbridge Commons store on Wednesday, March 25, 2015 at 8 a.m. as the Company celebrates its grand opening with a ribbon cutting ceremony.
This location is Harris Teeter’s sixth store in Virginia Beach, Va. In each of its…
Los Angeles, CA, 2015-3-12 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) today announced that Moody's Investors Service has raised the Company’s senior secured bank credit facility and senior unsecured ratings to Investment Grade (Baa3), with a stable outlook.
In making the upgrade, the Moody’s analysis cited CBRE’s conservative capital structure, sound financial policy and increased contractual…
Los Angeles, 2015-3-12 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) was the top-ranked firm for commercial real estate investment sales throughout the world during 2014, according to Real Capital Analytics (RCA). CBRE has achieved the number one position in each of the four years that RCA has published global rankings.
RCA credited CBRE with a…
CBRE report shows impact will vary by property type, with the retail sector most insulated and the office market most exposed
Los Angeles, 2015-3-12 — /EPR Retail News/ — Lower oil prices will have effects across the Houston commercial real estate market, but fears of broad-based decline are overblown, according to a new report from CBRE…
Ethisphere Institute Recognizes Leadership in Responsible Business Practices, Ethical Conduct and Community Service
Los Angeles, 2015-3-12 — /EPR Retail News/ — CBRE Group, Inc. (NYSE:CBG) has been recognized as a 2015 World’s Most Ethical Company® by the Ethisphere Institute, an independent center of research promoting best practices in corporate ethics and governance. This is the second year…
The Morrisons supermarket in Leeds’ Merrion Centre is set to undergo a complete transformation and expansion into the former Peacocks site as part of a multi-million pound investment.
Bradford, England, 2015-3-12 — /EPR Retail News/ — Opened in 1972, the Merrion store was one of Morrisons first supermarkets More than 50,000 customers a week pass through…
The Indonesian Bank Tabungan Negara has signed a two-year agreement with Wincor Nixdorf to operate its 370 ATMs from a variety of manufacturers.
Paderborn, Germany, 2015-3-12 — /EPR Retail News/ — Under the agreement, Wincor Nixdorf will be responsible for cash logistics and cash optimization of the systems in addition to services for self-service system operation.…
Moscow, 2015-3-12 — /EPR Retail News/ — X5 Retail Group N.V. (‘X5’ or the ‘Company’), a leading Russian food retailer (LSE ticker: ‘FIVE’), announced today the signing of a letter of intent (the ‘Letter’) between Pyaterochka, the Company’s proximity format, and Rostelecom.
Under the terms of the Letter, the parties will form a long-term partnership to enhance…